The lack of investment in developing countries is at least in part attributable to:
A. high levels of foreign aid.
B. low levels of domestic savings.
C. inappropriate education.
D. overpopulation.
Answer: B
Economics
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The amount that the bank is legally required to keep on hand is called the:
A. required reserves. B. demand deposits. C. federal funds. D. reserve ratio.
Economics
Does a tax on sellers affect the demand curve?
A. No, there is change in the quantity demanded, but the demand curve does not move. B. Yes, it shifts to the left by the amount of the tax. C. Yes, it shifts to the right by the amount of the tax. D. Yes, it shifts up by the amount of the tax.
Economics